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The effects of climate policies on emissions

Evidence from a comprehensive and systematic review of the ex-post empirical literature
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Energy Buildings Transport Outcomes measurement Agriculture Climate change mitigation Carbon pricing Emissions reduction Emissions trading Policy analysis OECD countries
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Description

This paper systematically reviews ex-post empirical studies assessing the effects of climate change mitigation policies on emissions. It synthesises evidence from 187 studies covering five broad sectors agriculture, forestry and land use; buildings; industry; power; and transport providing about 450 estimates of policy impact. Estimates are harmonised to ensure comparability and expressed as annual percentage changes in emissions relative to a no-policy scenario. 

The findings suggest that most policies effectively reduce emissions, with a median effect of about -5% per year, though with substantial variation across studies. The results exhibit significant heterogeneity across policy instruments, sectors and regions, reflecting differences in policy design, implementation and contextual factors. The analysis highlights key evidence gaps and lays the foundation for future meta-analytical work on the determinants of policy effectiveness.

Publication Details
DOI:
10.1787/ec1f7f0d-en
License type:
CC BY
Access Rights Type:
open
Series:
Inclusive Forum on Carbon Mitigation Approaches Papers No. 7